359
Texas power prices soar 20,000% as brutal heat wave sets off emergency
(markets.businessinsider.com)
this post was submitted on 16 Sep 2023
359 points (97.9% liked)
Technology
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Wait, I have seen that before. I have a déjà-vu
EDIT: so it's 5$ kWh, current price in France is 0.2€ kWh for comparison. Makes a real point for energy-efficient computers/software!
so it's a publicly traded commodity. are there texasmegawatts or what? are there less texasmegawatts then before? because if not, this is how it works. they gain capital, can cheaper lend capital, buy efficient texasmegawattsfacilities.
Because Texas refuses to connect its grid to the federal grid, yes, there’s effectively texasmegawatts, and they’re fucking expensive right now because the governor keeps refusing to let the power companies properly prepare for devastating weather.
… what?